Small businesses in China fret over US tariffs, look to manage costs

Business

As US imports become more expensive, Chinese shopowners are seeking alternatives to mitigate the impact. BEIJING: Small business owners are reassessing their import options and scrambling to manage costs as they brace for impact from a brewing trade war between the United States and China. US President Donald Trump has slapped a 145 per cent tax on Chinese goods in what he calls reciprocal tariffs to close a trade deficit, and Beijing has retaliated with a 125 per cent levy on US imports. The

Tag-uri: Donald Trump

Small businesses in China fret over US tariffs, look to manage costs https://www.channelnewsasia.com - 18.04.2025 01:27
Small businesses in China fret over US tariffs, look to manage costs https://www.channelnewsasia.com/ - 18.04.2025 01:27

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Small businesses in China fret over US tariffs, look to manage costs https://www.channelnewsasia.com - 18.04.2025 01:27
Small businesses in China fret over US tariffs, look to manage costs https://www.channelnewsasia.com/ - 18.04.2025 01:27